Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...

State Bank of India chairman C.S. Setty told analysts ... According to Mukherjee, both current and savings accounts are demand deposits, meaning the money is available on demand.

State Bank of India and Flywire’s internet banking integration have been providing Indian students with a fully digital experience for their tuition fee payments. Now, as an extended offering, ...

Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...

Analysts expect the government to maintain a strong focus on capital expenditure, particularly in roads, railways, and urban ...

In today’s newsletter, we take a look at the performance of the banking sector and what that says about the economy. Plus, India is alarmed by China’s plans to build the world’s largest dam in Tibet.

While upholding State Bank of India's liability for a fraudulent and unauthorized transaction reported in a customer's bank ...

‘SBI Patrons’ is available to existing and new Term Deposit customers. According to the State Bank of India website, under the ‘SBI Patrons’ scheme, super senior citizens will be offered ...

While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, ...

FD schemes: After focusing on senior citizens, banks are now expanding their offerings to include fixed deposit schemes ... scheme by the State Bank of India, which offers an additional 10 ...